Anadarko's CEO netted nearly $27 million in '07
NEW YORK, March 31 (Reuters) - Anadarko Petroleum Corp (APC.N: Quote, Profile, Research) Chief Executive James Hackett received close to $27 million in compensation for 2007, when the oil and gas company's shares rose more than 50 percent.
Hackett, 54, received a compensation package worth $26.7 million for the year, including a $1.4 million salary, $21.7 million of stock and option awards and $3 million of incentive awards. There was an additional $572,368 in other compensation as well.
He also received $14.7 million from exercising options and stock awards during the year.
In 2006, Hackett received a pay package worth $12.9 million as well as $6 million from exercising options and stock awards. (Reporting by Michael Erman, editing by Leslie Gevirtz)
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
